The Government of the Republic of Korea (RoK) will provide a non-refundable aid package worth US$5.5 million to help Vietnam carry out a project on upgrading and developing the national investment information system for 2018-2021.
At the signing ceremony of
the record of discussions. (Source: baodauthau.vn)
A memorandum of understanding to this effect was signed between Vietnam’s Ministry of Planning and Investment
(MPI) and the Korea International Cooperation Agency (KOICA) in Hanoi on May 3.
The US$ 6.2 million project aims to
improve the ministry’s capacity for collecting, managing and analysing national
database on investment, while providing online public services for investors.
It is also seen as a tool assisting
localities in granting investment licences and managing projects.
MPI Deputy Minister Vu Dai Thang said
the two sides committed to ensuring the progress of the project in order to
contribute to promoting foreign direct investment (FDI) in Vietnam, and strengthening cooperation between Vietnam and the
According to the MPI’s Foreign Investment Agency, Vietnam
has to date attracted 25,524 FDI projects valued at nearly US$ 320 billion.
The RoK takes the lead among 126
countries and territories investing in Vietnam, with more than 6,800
project worth over US$ 59 billion.
In the first four months of this year, the RoK
invested and expanded investments in about 420 projects with total capital of
more than US$ 2.3 billion, the agency said.
(HBO) -The Office of the Hoa Binh provincial People's Committee has just issued Notice No.3402/TB-VPUBND on the conclusion of the Chairman of the provincial People's Committee at the meeting of the provincial steering committee for improving the investment and business environment and provincial competitiveness index (PCI).
(HBO) – The authority of Lac Son district is striving to improve the District and Department Competitiveness Index (DDCI), aiming to improve the business and investment environment, thus attracting more businesses and investors to the locality.
(HBO) - On May 13rd, the Provincial Business Association hosted a conference on association, cooperation and development of Business Associations in the provinces of Hoa Binh, Son La, Dien Bien, Lai Chau with the theme "Sharing the mechanisms and policies to support the businesses in the Northwest mountainous provinces”; signing a cooperation agreement on the legal support for businesses between the Center of Vietnam International Arbitration and the Business Associations of 4 Northwest provinces.
(HBO) – Hoa Binh province’s State budget collection was estimated at 253.3 billion VND (10.79 million USD) in April, equivalent to 15% of the target assigned by the Resolution of the provincial People's Council, according to a report by the provincial People’s Committee.
(HBO) – Farmers in Dong Lai commune in Tan Lac district have successfully piloted and are expanding the model of off-season red flesh dragon fruit farming as it helps increase income and improve people’s living conditions.
(HBO) – In the 2022 Provincial Competitiveness Index (PCI) announced by the Vietnam Chamber of Commerce and Industry (VCCI) in early April, Hoa Binh ranked 53rd out of the country's 63 provinces and cities with a total score of 62.81 points, up 9 places compared to 2021. This result reflected efforts of the whole political system in reforming administrative procedures and improving the local business investment environment.